Cheap Homes for Rent in Midtown Richmond Neighborhood of Richmond, VA from $700 (9 Rentals)

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Cheap Homes in the Midtown Richmond area of Richmond.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 14 W Broad St

14 W Broad St

RichmondVA23220
property at 1333 W Broad St

1333 W Broad St

RichmondVA23220
property at 123 E Broad St

123 E Broad St

RichmondVA23219

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Midtown Richmond, Richmond, VA Local Guide

Cheapest Available Midtown Richmond Apartments for Rent

 

The cheapest available apartment rental in the Midtown Richmond area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $850. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Midtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$850
Eagle Mill Lofts2bed 1bth2BR,1BA$950
District Square Apartments1Bd1Ba--5901BR,1BA$1,108

Best Value Apartments for Rent in Midtown Richmond, VA

As of May 09, 2025 the best value apartment in the Midtown Richmond area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Midtown Richmond apartment is the 16 W Broad St Model at 16 W Broad St, Unit Apartment 1 starting at $1,900 with a $1.36 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Midtown Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.37
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.65
1321 Floyd Ave, Unit 11321 Floyd Ave2BR,1BA$1.58
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.63
The BerkshirePark1BR,1BA$1.34
1 West Cary Apartments1BR/1.0BA1BR,1BA$1.43
1510 W Broad St - Residential2BR/1.0BA2BR,1BA$1.69
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69

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Frequently Asked Questions about Midtown Richmond

What type of rentals are currently available in Midtown Richmond?

There are currently 400 Apartments for Rent in Midtown Richmond, VA with pricing that ranges from $750 to $5,056. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Richmond ranging from $750 to $3,950.

What is the current price range for Rental Homes in Midtown Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Richmond ranges from $750 to $3,950 with an average monthly rent of $2,192.

How much are larger Three and Four Bedroom Rentals in Midtown Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Richmond range from $879 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $750.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.